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Tesco is in the Manufacturing Industry
Latest News and Analysis
Tesco Corporation Reports Record Revenues and Record Net Income for Q3 2008
"TESO" on NASDAQ HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Tesco Corporation ("TESCO" or the "Company") today reported record net income for the quarter ended September 30, 2008 of $17.6 million, or $0.46 per diluted share. This compares to net income of $10.8 million, or $0.29 per diluted share,...
Tesco Corporation Announces Third Quarter 2008 Earnings Release and Conference Call
Trading Symbol: "TESO" on NASDAQ HOUSTON, Oct. 24 /PRNewswire-FirstCall/ -- Tesco Corporation has scheduled a conference call to discuss third quarter 2008 results on Wednesday, November 5, 2008 at 10:00 a.m. CST. Financial results for the third quarter of 2008 are expected to be released Tuesday, November...
Is there no alternative to coke?
[ILLUSTRATION OMITTED] It appears some brands are not included in the 'Cheaper Alternatives' feature on Tesco.com. So while customers looking for a two-litre bottle of Pepsi are pointed to Tesco Value cola, Coca-Cola has no such alternative listed. Some entire categories have been excluded, too, including beer, which...
Suppliers shocked as own-label blitz launched on brands
Branded suppliers were left reeling this week as Tesco and Sainsbury's both launched concerted campaigns promoting their own-label ranges at the expense of brands. Sainsbury's announced a massive Switch & Save campaign, across all media, that will encourage shoppers to buy the retailer's 15,000 own labels; while the...
Correction
In on interview with Jason Gissing (The Grocer, 26 July, p30) it was stated Ocodo was the first online retailer to trial a some-day delivery service. In fact, Tesco.com also offers the service, provided customers order before lOam...
Tesco names new service team chiefs
Andrew Higginson is to surrender his position as finance director at Tesco to become CEO of retailing services. The move is part of a shake-up that coincides with Tesco's announcement that it is to launch a full-service retail bank. Higginson's newly created role covers Tesco Personal...
Helix Appoints New Chief Financial Officer
HOUSTON -- Helix Energy Solutions (NYSE:HLX) announced today that Wade Pursell has given his notice that he will be stepping down as Helix's Executive Vice President and Chief Financial Officer, effective as of June 25, 2008. Helix's Board of Directors has appointed Anthony Tripodo to be the Executive Vice President...
Tesco.com site fails to deliver
[ILLUSTRATION OMITTED] A systems error at Tesco.com meant hundreds of customers did not receive their groceries on Sunday night. For two hours the error caused orders to fail at up to 40 Tesco stores. One customer, whose delivery slot was 9-11pm, said she had no idea...
Tesco Shetland says it will protect local shops
Tesco is poised to break away from its national pricing policy by sanctioning price rises at a store in Shetland, with the supermarket reportedly claiming this was "in order to protect local traders". Lerwick Community Council said that at a meeting on 28 April, Tesco corporate affairs managers...
Tesco sets up food web site for Polish
Tesco has launched a dedicated home shopping website for Poles to meet the surging demand for Polish delicacies in Britain. The move follows a recent near-doubling of Tesco's Polish food range to 250 products and its extension to 500 stores. "The huge demand for Polish food and drink...
Download service will take on iTunes
Tesco is going head-to-head with Apple's iTunes with a new digital download music store as it becomes the first major British supermarket to enter the 25m [pounds sterling] market. Unlike iTunes, the tesco.com service, which launches this week, will run on Microsoft's Windows Media Audio format so the...
Spotted dick may face extinction
Home News IN BRIEF *Classic British dishes such as steak and kidney pie, spotted dick and sherry trifle could become extinct by 2021 as people turn to foreign food for home cooking,a survey suggested. Tesco.com found the top 10 "culinary dodos" after interviewing 1,000 British adults about...
Cards For Cancer Care
AMID a sea of yellow daffodils, shoppers are being asked to spend an extra few pennies for a charity. Marie Curie Cancer Care and Tesco have joined for a fundraising partnership which will see pounds 2.5m raised in 2008 to provide athome nursing support for people suffering from...
Tesco to close its Brackmills drinks depot
Tescois set to dose its Brackmills beers, wines and spirits depot in Northamptonshire in May. The 15-year-old depot can no longer cope with demand and is to be converted into a Tesco.com depot, subject to consultation with trade unions, said Tesco. "We will support all affected...
Turnkey E&P Inc. Announces Resignation of Chief Operating Officer.
CALGARY, ALBERTA, Jan 21, 2008 Marketwire via COMTEX -- Turnkey E&P Inc. ("Turnkey") (TSX:TKY), announced today that John Y. Jo will resign his position as Chief Operating Officer effective January 31, 2008. Turnkey E&P Inc. is a drilling and completions contractor and ...
Sales up at Tesco; Weekly
SUPERMARKET giant Tesco revealed a 3.1% rise in Christmas takings today. The UK's biggest grocer said the increase in like-for-like sales during the six weeks to January 5 was "solid". But the figure was below the 4% widely forecast by City analysts. It was also lower...
A global player with local impact
CHESHUNT, England -- Tesco has achieved enviable success in its international markets by displaying admirable flexibility in adapting to different cultural and social contexts. The same kind of flexibility and emphasis on "being local" that it employs in its retail business distinguishes its community efforts abroad. "Under the...
Lucy Neville-Rolfe: Corporate and Legal Affairs Director, Tesco PLC
CHESHUNT, England -- Tesco PLC has won increasing worldwide recognition as one of the most successful and fastest-growing retailers in the world. But it is also gaining attention for its corporate social responsibility program--a program that is breathtaking in the scope of its activities, the ambitiousness of its goals and...
First Fresh & Easy Grocery Store In The Coachella Valley Under Construction
CB Richard Ellis announced that the first Fresh & Easy grocery store in the Coachella Valley has begun construction at Shadow Hills Plaza in North Indio. The new concept is by UK-based Tesco Corporation, the fourth largest retailer in the world. In addition to Fresh & Easy, a new Walgreens...
'Potential limited only by our imagination'
WELYWYN GARDEN CITY, England -- Tesco.com has become, over the last seven years, yet another pillar supporting Tesco's unprecedented success. More than that, the on-line service has established itself as integral to that success. Nearly 1 million customers in the United Kingdom regularly shop at Tesco on line, while over...
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